1. (ENDING INVENTORY) Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to 0 decimal places, e.g. 6,548.)

2. (ENDING INVENTORY) If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Round average cost per unit to 4 decimal places, e.g. 2.7621 and final answers to 0 decimal places, e.g. 6,548.)

Bonita Company's record of transactions concerning part X for the month of April was as follows. Sales April Purchases 1 (balance on hand) 4 April 5 12 480 380 1,160 150 11 27 280 @ $5.90 580 @ 6.00 480 @ 6.30 380 @ 6.30 780 @ 6.60 380 @ 6.80 18 28 26 30 Your answer is correct. Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, e.g. 2.7682.) Average-cost per unit 6.3480